There are newer employer reviews for Bank of America

Great company to work in. I worked with Bank of America Home Loans.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - MLO-Senior Loan Services Specialist in Westlake Village, CA
Former Employee - MLO-Senior Loan Services Specialist in Westlake Village, CA

I worked at Bank of America full-time (more than 5 years)

Pros

The company is big on their values and the leadership is, for the most part, great and easy to talk to. I enjoyed my job, it was something I knew how to do but kept learning along the way. My co-workers are some of the best people I know and have become close friends with many. This is a great company if you enjoy being around a positive atmosphere. It was not hard to move up if you are good at your job and have goals.

Cons

The pay isn't the best since there is other companies making better offers. Also the mandatory overtime sometimes can be overwhelming.

Advice to ManagementAdvice

Just like any company, some managers are great with a true vision for leadership and the company, while others just seem they do not belong as managers. There has been cases where the managers actually knew less about the job than the employees. But luckily for me I was mostly under great management.

Recommends
Positive Outlook
Disapproves of CEO
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  1. Case Management Process Support

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of America full-time (more than 3 years)

    Pros

    Great Pay, Great Benefits, Good to employees, and Lots of growing potential / advancement. I had planned to retire one day with the company, and I am only in my 30's now.

    Cons

    Disorganized. One person will tell you how to do it one way, and the other will say something different. Everyone needs to get on the same page.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. Run Away

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of America full-time

    Pros

    Large corporation. Lots of room for promotions. Big name clients. Nearly impossible to get fired. Size guarantees government support in the case of emergency.

    Cons

    Bureaucratic. Little intercompany cooperation. Very little room for career advancement outside of a predetermined promotion schedule. Rampant favoritism. Poor management - from the top down. Far below industry comparable compensation.

    Advice to ManagementAdvice

    Remove the barriers to innovation and pay employees what your competitors are paying. Look at overall contribution to company relative (including industry experience and client relationships) instead of just salary when making redundancy decisions.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for Bank of America

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